About Monroe Truck Equipment
Monroe Truck Equipment is a company based in Monroe (United States) founded in 1958 was acquired by Aebi Schmidt in November 2021.. Monroe Truck Equipment has completed 2 acquisitions, including Southern Coach and Towmaster. Monroe Truck Equipment offers products and services including Commercial Trucks and Municipal Trucks.
- Headquarter Monroe, United States
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Monroe Truck Equipment Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
PNC
& 4 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Southern Coach
& 1 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Monroe Truck Equipment
Monroe Truck Equipment offers a comprehensive portfolio of products and services, including Commercial Trucks and Municipal Trucks. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Commercial trucks are developed for various industry applications to facilitate operations.
Municipal trucks are customized to support community safety and infrastructure needs.
Funding Insights of Monroe Truck Equipment
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2015 | Amount | Debt – Conventional - Monroe Truck Equipment | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Monroe Truck Equipment
Monroe Truck Equipment has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include PNC, Fifth Third Bancorp and Aebi Schmidt. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment solutions are provided by NMP Capital to financial sponsors.
|
Founded Year | Domain | Location | |
|
Industrial Opportunity Partners is focused on middle-market industrial investments.
|
Founded Year | Domain | Location | |
|
Commercial banking and financing services are provided by PNC.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Monroe Truck Equipment
Monroe Truck Equipment has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Southern Coach and Towmaster. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Distributor and retailer of cars
|
1979 | ||||
|
Trailers for professional haulers are manufactured in the United States.
|
1978 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Monroe Truck Equipment
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Monroe Truck Equipment Comparisons
Competitors of Monroe Truck Equipment
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Monroe Truck Equipment
When was Monroe Truck Equipment founded?
Monroe Truck Equipment was founded in 1958 and raised its 1st funding round 57 years after it was founded.
Where is Monroe Truck Equipment located?
Monroe Truck Equipment is headquartered in Monroe, United States.
What does Monroe Truck Equipment do?
Founded in 1958 in Monroe, United States, the company operates in the manufacturing sector, focusing on commercial and municipal trucks as well as trailers. Truck equipment solutions are developed and marketed, with offerings including work trucks for sales enhancement, customized municipal vehicles for safety, and trailers for equipment transport. Career opportunities are provided within the organization, supporting ongoing operations in the industry.
What products or services does Monroe Truck Equipment offer?
Monroe Truck Equipment offers Commercial Trucks and Municipal Trucks.
How many acquisitions has Monroe Truck Equipment made?
Monroe Truck Equipment has made 2 acquisitions, including Southern Coach, and Towmaster.
Who are Monroe Truck Equipment's investors?
Monroe Truck Equipment has 5 investors. Key investors include PNC, Fifth Third Bancorp, Aebi Schmidt, NMP Capital, and Industrial Opportunity Partners.